Full Administration of an Estate

Applying for the Grant of Probate, Collecting and Distributing the Assets

Probate

Costs

VAT @ 20%

Total

Full Administration of an Estate

£2,000 to £4,000

£400 to £800

£2,400 to £4,800

Disbursements are costs related to your matter that are payable to third parties, such as Court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Disbursements

Cost

Identification Verification fee (including VAT) (per person)

£12.00

Probate Application fee

£157

Swearing of the Oath fee (1 per Executor)

£7.00

HM Land Registry Bankruptcy Search (1 per Beneficiary)

£2.00

There are also disbursements that are optional. We advise you to place legal notices in the press to protect you against unexpected claims from unknown creditors. A Landmark Search would ensure that there are no unidentified assets to the estate.

Optional Disbursements

Cost

Notice in London Gazette

£105.00

Notice in Local Newspaper (3cm box)

£57.10

Landmark search

£135.00

We will handle the full process for you. This quote is for estates where:

There is a valid Will

There is no more than one property

There are no more than 5 bank or building society accounts

There are no other intangible assets

There are 2 to 4 Beneficiaries

There are no disputes between Beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs.

There is no Inheritance Tax payable and the Executors do not need to submit a full account to HMRC

There are no claims made against the estate.

There is one Oath with one exhibit. Further exhibits will be charged at £2.00 per exhibit, per Executor.

The exact cost will depend on the individual circumstances of the matter. For example, if there is one Beneficiary and no property, costs will be at the lower end of the range. If there are multiple Beneficiaries, a property and multiple bank accounts, costs will be at the higher end.

Potential Additional Costs

If there is no Will or the estate consists of any shareholdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.

If additional copies of the Grant of Probate are required, they will cost £0.50p per asset (usually 1 per asset is required).

Dealing with the sale or transfer of any property in the estate is not included.

How Long will this Take?

On average, estates that fall within this range are dealt with within 6-8 months. Typically, obtaining the Grant of Probate takes 6-8 weeks. Collecting assets then follows, which can take between 6-8 weeks. Once this has been done, and two months has elapsed from the Notice in the papers, we can distribute the assets.